admin a lot of people will stay away from KeePass because they were hacked previously. However, providing an organisation learns from their mistakes and plugs the vulnerability that allowed this to take place initially, then that same company is logically better placed to secure their environment further.
As a product, KeePass is still very effective. Unfortunately, is about perception these days. If a company gets hacked, then this has a make impact on the label of trust received from any heartbeat m user base. Recovery in this case is difficult, but not insurmountable.